YEARLY HIGH
20.8823 MKD
YEARLY LOW
19.8216 MKD
YEARLY AVERAGE
20.3361 MKD

2019 XCD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the XCD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 20.8823. Conversely, the yearly low was recorded on January 9, dropping to 19.8216.

This high-to-low spread represents a total annual volatility of 1.0607 MKD. From a start-to-finish perspective, comparing the January average rate of 19.9705 to the December average rate of 20.4812, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.8823 was up 3.32% compared to the 2018 peak of 20.2113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 104,411 MKD
2018 Average 96,531 MKD
Yearly Trough Low 99,108 MKD
Transaction Impact: A difference of 5,303.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.7328
19.9013
JanuMarcMayJulySeptNove

XCD to MKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.1684, compared to 20.5039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3355 points.

H1 Avg (Jan–Jun) 20.1684
H2 Avg (Jul–Dec) 20.5039

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.4857 MKD (High: 20.4699 / Low: 19.9842). On the other end, May was the most stable month, with a tight range of 0.2101 MKD (High: 20.4781 / Low: 20.2680).

June Spread (Volatile) ±0.4857
May Spread (Stable) ±0.2101

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1995 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 20.6635) against the same month in 2018 (average: 19.5590), the exchange rate shifted by +1.1045 (+5.65%).

2019 Avg (September) 20.6635
2018 Avg (September) 19.5590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0482 19.8216 19.9705
February 20.2560 19.8584 20.0809
March 20.2866 19.9895 20.1370
April 20.4447 20.0840 20.2718
May 20.4781 20.2680 20.3748
June 20.4699 19.9842 20.1753
July 20.4175 20.0533 20.2379
August 20.6064 20.2365 20.4505
September 20.8823 20.4413 20.6635
October 20.8176 20.3978 20.5897
November 20.6897 20.3903 20.6005
December 20.6535 20.2908 20.4812